Surveillance: US Payrolls Crush Estimates
Bloomberg Surveillance
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The Fed's Response to the Base Rate Raising
Tiffany Cevallos: The balance of risks are changing. She says we've been talking about solely elevated upside risk for over, I would say maybe two years now. Now that monetary policy is solidly in restrictive territory, she says, banking sector stress can result in a bigger downturn. "I think the Federal Reserve is responding to that,"Cevallos says.
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